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Lower Bar for Fraud Claims Against Lawyers
Victims of a lawyer's fraud should not have to prove that fraud by clear and convincing evidence while those who assert claims against used car salesmen under the N.J. consumer fraud statute have the benefit of the lower preponderance of the evidence standard.Lawyers' Convictions for Falsifying Business Documents Overturned
A New York appeals panel has reversed the convictions of two prominent foreign attorneys who had been found guilty of conspiracy and 16 counts of falsifying business records. The convictions of Harry Bloomfield, an ex-member of the Quebec Securities Commission, and Stuart Creggy, a former senior partner at London's Talbot Creggy, were the centerpiece of an investigation into a "pump and dump" scheme. The acquittals turned on the fact that they did not "keep" or "maintain" the fraudulent records.Latham tops Calif.'s prestigious firms in associate survey
California associates have voted, and they agree that Latham & Watkins is the most prestigious firm to work for in the state, according to the newest Vault rankings. Ora Fisher, Latham's Silicon Valley office managing partner, chalks up the positive results from associates to several causes, including "the quality of work we get." But while Latham associates weren't surprised the firm got top billing in the Golden State, they were surprised by the all-around glowing review of being an associate at Latham.Wealthy go shopping despite stock dips
When stock markets tumble, wealthy U.S. shoppers typically cut back their visits to such luxury emporiums as Saks Inc. and Nordstrom Inc. Yet even as the markets have seesawed, they've kept right on spending.Exhibit A: Saks and Nordstrom on Thursday reported September sales that exceeded analysts' estimates, while luxury retailers as a whole outpaced all other segments except gasoline-selling wholesale clubs.Small-Firm Litigators, Big-Ticket Litigation
With 53 total lawyers, Pittsburgh-based Meyer, Unkovic & Scott is far from anyone's definition of a "megafirm." But that hasn't stopped its clients from routinely entrusting its litigators with major litigation.View more book results for the query "*"
Delta Air Lines applies to offer nonstop Atlanta-Shanghai service
ATLANTA AP - Delta Air Lines Inc. on Friday applied to offer nonstop service between Atlanta and Shanghai.The route would connect Delta's biggest hub with the Chinese financial center and offer the first service to China from the U.S. Southeast, the airline said.Delta, which is operating in Chapter 11 bankruptcy protection, said it hopes to begin service on March 25, 2008 using a Boeing 777 jet.Heller Lawyer Named GC at California Department of Insurance
Heller Ehrman partner Adam Cole, a specialist in representing corporate policyholders in insurance litigation, was named GC at the California Department of Insurance on Wednesday. Cole's hiring comes as consumer activists are criticizing Insurance Commissioner Steve Poizner for being too cozy with the insurance companies he regulates. One critic, noting that Cole's client list includes corporate heavy-hitters like PG&E, said Poizner's assertion that the new GC will be a consumer ally "isn't going to fly."Wells Fargo Has More Bad News for Large Firms
Among the troubling trends detected in the latest survey of the financial state of the legal industry's upper echelon: More firms than usual are relying on debt to fund operations late in the year.Daily Decision Alert: Vol. 7, No. 157 -- August 16, 1999
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